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Determine which with the statements under are precise relating to how a petty cash fund is designed and Utilized in a business. (Test all that apply.)
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The sum of all petty cash receipts in addition the remaining cash need to equal the entire from the fund amount at any given time.
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The fund was in the beginning proven with $one hundred. Reveal the journal entry to replenish the account by picking out the right steps from These underneath. (Check all of that utilize.)
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